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Economy
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Exports in June expanded strongly, and the one-month delay in U.S. reciprocal tariffs has further supported the full-yea…
In June 2025, Thai merchandise exports rose 15.5% year-on-year to USD 28,649.9 million, supported by electronics and gold exports. However, slower growth was seen in various sectors, while imports increased by 13.1%. Trade balance recorded a surplus of USD 1,061.7 million.
SCB EIC expects CLMV outlook to face diverging risks amid global trade headwinds
SCB EIC forecasts CLMV economies will slow to 5.1% growth in 2025 due to U.S. tariffs, with specific risks for Vietnam and Cambodia. Political instability and structural vulnerabilities also threaten Myanmar and Laos, while Thailand’s trade with CLMV softens amid uncertainties.
Unresolved U.S. Trade Negotiations Ahead of the August 1 Deadline: Implications for Thailand
SCB EIC warns that U.S. retaliatory tariffs may harm Thailand’s economy by eroding market share for key exports, especially in agriculture and electronics. The government must balance tariff negotiations with potential risks to domestic producers, ensuring proper support for affected industries.
